Merlin CEO buys 10,000 shares. Merlin Properties stock sits 21.29 percent below its high

Published on 10/07/2026 at 09:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Merlin Properties stock costs EUR 12.53 on October 7, 2026 after EUR 12.55. Revenue hit EUR 308 million in first half of 2026, up 11.70 percent.

Merlin Properties, ES0105025003, Illustration mit AI erstellt.

Merlin Properties (ISIN ES0105025003) was trading at EUR 12.53 at Lang & Schwarz on October 7, 2026 at 9:15 a.m. CEST, down 0.16 percent from the prior close of EUR 12.55. As Observatorio Inmobiliario reported on September 10, 2026, CEO Ismael Clemente bought 10,000 Merlin shares on September 8 for EUR 129,900. The price is 21.29 percent below the EUR 15.92 52-week high as of October 7, 2026.

First-half revenue reaches EUR 308 million

Observatorio Inmobiliario reported that Merlin generated EUR 308 million of revenue in the first half of 2026, up 11.70 percent from the same period of 2025. EBITDA reached EUR 229 million, net income was EUR 579 million and FFO rose 8.00 percent to EUR 180 million.

The company raised its annual FFO forecast to EUR 340 million, equivalent to EUR 0.55 per share, according to the same September 10 report. Data centers remain central to the plan, with 160 MW already leased or pre-leased and a target to exceed 200 MW during 2026.

Analysts see EUR 17.36 target

According to Bolsamania in its October 5, 2026 analysis, the average target from 21 analysts was EUR 17.36. The target lies 38.55 percent above the Lang & Schwarz price of EUR 12.53, while 17 analysts rated the stock a Buy and four rated it Hold.

The valuation case depends on execution of the data-center strategy. OCU reported on September 11, 2026 that proposed Spanish rules could add costs, approvals and delays. OCU also cut its 2027 earnings-per-share forecast from EUR 0.60 to EUR 0.56 while keeping its 2026 forecast at EUR 0.55.

Stock stays below the June high

Merlin Properties stock was trading at EUR 12.53 at Lang & Schwarz on October 7, 2026 at 9:15 a.m. CEST, minus 0.16 percent versus the prior close of EUR 12.55. The 52-week range was EUR 11.72 to EUR 15.92, leaving the share price 21.29 percent below its high. The further course of trading is shown by the continuously updated real-time quote of Merlin Properties stock.